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Director/PDMR Shareholding

15th Aug 2013 16:28

RNS Number : 8269L
AdEPT Telecom plc
15 August 2013
 



AdEPT Telecom plc

("AdEPT" or the "Company")

 

Director/PDMR shareholding

 

AdEPT (AIM: ADT), a leading UK independent provider of award-winning telecommunications services for fixed line, mobile, data connectivity and VoIP, announces that Amanda Woodruffe, the Company's Operations Director, has exercised options over 60,000 shares at an exercise price of 42p per share ("New Ordinary Shares") pursuant to the EMI Share Option Scheme August 2008.

 

Application will be made to the London Stock Exchange for the New Ordinary Shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM ("Admission"). Admission is expected to take place on 21 August 2013.

 

Following Admission, Amanda Woodruffe will be interested in 63,209 ordinary shares (representing approximately 0.30 per cent. of the enlarged issued ordinary share capital) and 561,708 share options.

 

Following Admission, the total number of ordinary shares in issue will be 21,279,603. The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 21,279,603. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 

For further information on AdEPT Telecom, please visit www.adept-telecom.co.uk or contact:

 

AdEPT Telecom Plc

Roger Wilson, Chairman 07786 111 535

Ian Fishwick, Chief Executive 01892 550 225

John Swaite, Finance Director 01892 550 243

 

Northland Capital Partners Limited

Edward Hutton/Lauren Kettle 020 7796 8800

About AdEPT Telecom plc:

AdEPT Telecom plc is one of the UK's leading independent providers of voice and data telecommunications solutions. The Company provides a complete communications portfolio of fixed line calls, line rental, mobile, VoIP and data connectivity products. AdEPT's tailored services are used by thousands of businesses and residential customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT, Vodafone and TalkTalk Business. The Company employs 48 members of staff at its offices in Tunbridge Wells, Kent.

AdEPT Telecom is listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept-telecom.co.uk

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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